All three major indices are trading down today with the

Dow Jones Industrial Average

(

^DJI

) trading down 67 points (-0.4%) at 18,405 as of Thursday, July 28, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,296 issues advancing vs. 1,538 declining with 200 unchanged.

The Basic Materials sector currently sits down 0.1% versus the S&P 500, which is down 0.2%. On the negative front, top decliners within the sector include

Potash Corp of Saskatchewan

(

POT

), down 7.0%,

Praxair

(

PX

), down 2.4%,

China Petroleum & Chemical

(

SNP

), down 2.1%,

Petroleo Brasileiro SA Petrobras

(

PBR.A

), down 2.0% and

Statoil ASA

(

STO

), down 1.5%.

TheStreet would like to highlight 3 stocks pushing the sector higher today:

3.

Cenovus Energy

(

CVE

) is one of the companies pushing the Basic Materials sector higher today. As of noon trading, Cenovus Energy is up $0.97 (7.3%) to $14.22 on heavy volume. Thus far, 1.8 million shares of Cenovus Energy exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $13.52-$14.24 after having opened the day at $13.67 as compared to the previous trading day's close of $13.25.

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Cenovus Energy Inc. develops, produces, and markets crude oil, natural gas liquids (NGLs), and natural gas in Canada. Cenovus Energy has a market cap of $11.4 billion and is part of the energy industry. Shares are up 5.0% year-to-date as of the close of trading on Wednesday. Currently there are 6 analysts who rate Cenovus Energy a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates

Cenovus Energy

as a

sell

. Among the areas we feel are negative, one of the most important has been weak operating cash flow. Get the full

Cenovus Energy Ratings Report

now.

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2. As of noon trading,

Enterprise Products Partners

(

EPD

) is up $0.22 (0.8%) to $28.71 on average volume. Thus far, 2.2 million shares of Enterprise Products Partners exchanged hands as compared to its average daily volume of 4.2 million shares. The stock has ranged in price between $28.13-$28.85 after having opened the day at $28.37 as compared to the previous trading day's close of $28.49.

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Enterprise Products Partners L.P., a master limited partnership, provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products. Enterprise Products Partners has a market cap of $60.5 billion and is part of the energy industry. Shares are up 11.4% year-to-date as of the close of trading on Wednesday. Currently there are 19 analysts who rate Enterprise Products Partners a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates

Enterprise Products Partners

as a

buy

. The company's strengths can be seen in multiple areas, such as its increase in net income, solid stock price performance, expanding profit margins and notable return on equity. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full

Enterprise Products Partners Ratings Report

now.

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1. As of noon trading,

Teck Resources

(

TCK

) is up $0.87 (6.0%) to $15.24 on heavy volume. Thus far, 8.4 million shares of Teck Resources exchanged hands as compared to its average daily volume of 9.0 million shares. The stock has ranged in price between $14.59-$15.46 after having opened the day at $14.70 as compared to the previous trading day's close of $14.37.

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Teck Resources Limited explores, develops, and produces natural resources in the Americas, the Asia Pacific, and Europe. The company's principal products comprise steelmaking coal; copper concentrates and refined copper cathodes; refined zinc and zinc concentrates; and lead concentrates. Teck Resources has a market cap of $8.1 billion and is part of the metals & mining industry. Shares are up 272.3% year-to-date as of the close of trading on Wednesday. Currently there are 2 analysts who rate Teck Resources a buy, 5 analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates

Teck Resources

as a

sell

. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity and poor profit margins. Get the full

Teck Resources Ratings Report

now.

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If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the basic materials sector could consider

Materials Select Sector SPDR

(

XLB

) while those bearish on the basic materials sector could consider

ProShares Short Basic Materials Fd

(

SBM

).